RDS.A Royal Dutch Shell Dividend Cut By 66%: Is Exxon Stock (XOM) And Oil Stocks In XLE ETF At Risk? For the first time since 1940 Royal Dutch Shell (RDS.A, RDS.B) cut their dividend by 66%. This was done to protect the company during these extreme crude oil prices. British Petroleum (BP) announced that they would not cut their dividend, but some other oil companies may have no choice but to cut their dividends soon. Is the Exxon stock (XOM) at risk to cut their dividend? Exxon Mobil announced that they would not cut their dividend, but they would not raise it. How safe are the dividends in the oil sector ETFs like XLE and VDE? Considering that Exxon stock (XOM) and Chevron stock (CVX) made up about 45% of XLE, there is a risk that the XLE dividend yield can drop if XOM or any of the other companies that are in XLE were to cut their dividends. I will look at all the companies inside XLE and see how safe their dividends are using simplysafedividends.com.
